Wuxi NCE Power Co (SHSE:605111) Gross Margin %: 28.75% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:605111 Wuxi NCE Power Co Ltd SHSE:605111
84 GF Score
Price ¥56.10
GF Value ¥38.83
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Wuxi NCE Power Co Gross Margin %?

Wuxi NCE Power Co SHSE:605111 +4.18% 84 Gross Margin % is 28.75% as of Mar. 2026, which is 8% below its 10-year median of 31.19. GuruFocus rates SHSE:605111 with a GF Score™ of 84/100 and a GF Value™ of ¥38.83 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,011 Semiconductors companies, Wuxi NCE Power Co ranks better than 52.13% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Wuxi NCE Power Co's Gross Profit for the three months ended in Mar. 2026 was ¥149 Mil. Wuxi NCE Power Co's Revenue for the three months ended in Mar. 2026 was ¥517 Mil. Therefore, Wuxi NCE Power Co's Gross Margin % for the quarter that ended in Mar. 2026 was 28.75%.


The historical rank and industry rank for Wuxi NCE Power Co's Gross Margin % or its related term are showing as below:

SHSE:605111' s Gross Margin % Range Over the Past 10 Years
Min: 18.9   Med: 31.19   Max: 39.02
Current: 30.91


During the past 12 years, the highest Gross Margin % of Wuxi NCE Power Co was 39.02%. The lowest was 18.90%. And the median was 31.19%.

SHSE:605111's Gross Margin % is ranked better than
52.13% of 1011 companies
in the Semiconductors industry
Industry Median: 29.61 vs SHSE:605111: 30.91

Wuxi NCE Power Co had a gross margin of 28.75% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Wuxi NCE Power Co was 2.60% per year.


Wuxi NCE Power Co  (SHSE:605111) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Wuxi NCE Power Co had a gross margin of 28.75% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Wuxi NCE Power Co Gross Margin % Related Terms


Wuxi NCE Power Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Wuxi NCE Power Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wuxi NCE Power Co Gross Margin % Chart

Wuxi NCE Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.02 36.93 30.75 36.42 32.86

Wuxi NCE Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.58 35.07 30.87 29.15 28.75

SHSE:605111 vs AMAT, LRCX, KLAC: Gross Margin % Comparison

For the Semiconductor Equipment & Materials subindustry, Wuxi NCE Power Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wuxi NCE Power Co Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Wuxi NCE Power Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Wuxi NCE Power Co's Gross Margin % falls into.


SHSE:605111
84GF Score
Wuxi NCE Power Co Ltd SHSE:605111
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wuxi NCE Power Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Wuxi NCE Power Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=616.8 / 1877.07
=(Revenue - Cost of Goods Sold) / Revenue
=(1877.07 - 1260.265) / 1877.07
=32.86 %

Wuxi NCE Power Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=148.6 / 517.042
=(Revenue - Cost of Goods Sold) / Revenue
=(517.042 - 368.415) / 517.042
=28.75 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 28.75% mean?
Wuxi NCE Power Co (SHSE:605111) has a Gross Margin % of 28.75% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Wuxi NCE Power Co and its competitors. This is near median its historical median of 31.19. Over the past decade, Wuxi NCE Power Co's Gross Margin % has ranged from 18.90 to 39.02. According to the industry distribution chart, Wuxi NCE Power Co ranks #484 out of 1011 companies in the Semiconductors industry, placing it in the top 47.9%.
Is Wuxi NCE Power Co's Gross Margin % too high?
Wuxi NCE Power Co's current Gross Margin % of 28.75% is near median its 10-year median of 31.19. Over the past 10 years, this metric has ranged from a low of 18.90 to a high of 39.02. The Semiconductors industry median Gross Margin % is 29.61. Wuxi NCE Power Co's value of 28.75% is 2.9% below this industry median. Based on the distribution chart, Wuxi NCE Power Co ranks #484 out of 1011 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Wuxi NCE Power Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wuxi NCE Power Co's Gross Margin % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Wuxi NCE Power Co ranks #484 out of 1011 companies for Gross Margin %. This puts Wuxi NCE Power Co in the upper half of its industry. The industry median Gross Margin % is 29.61. Wuxi NCE Power Co's value of 28.75% is 2.9% below this benchmark. Historically, Wuxi NCE Power Co's own Gross Margin % has ranged from 18.90 to 39.02 over the past decade. While the company's 10-year median is 31.19 vs. the industry median of 29.61, Wuxi NCE Power Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wuxi NCE Power Co's current Gross Margin % of 28.75% is 2.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Wuxi NCE Power Co and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuxi NCE Power Co's current Gross Margin % is 28.75%, which is near median its own 10-year median of 31.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxi NCE Power Co stock overvalued right now?
Based on GuruFocus' analysis, Wuxi NCE Power Co (SHSE:605111) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥38.83, compared to a current price of ¥56.10 — trading 44.5% above its estimated fair value. The current Gross Margin % is 28.75%, which is near median its 10-year median of 31.19 and 2.9% below the Semiconductors industry median of 29.61. Wuxi NCE Power Co's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Wuxi NCE Power Co (SHSE:605111), the current Gross Margin % is 28.75% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wuxi NCE Power Co (SHSE:605111) Overvalued in 2026?

Based on GuruFocus' analysis, Wuxi NCE Power Co stock appears to be overvalued. The current stock price of ¥56.10 is trading 44.5% above its estimated GF Value™ of ¥38.83. GuruFocus considers Wuxi NCE Power Co to be Significantly Overvalued.

Key valuation signals for SHSE:605111:

  • Gross Margin %: 28.75% (near median its 10-year median of 31.19)
  • GF Value™: ¥38.83 vs. price of ¥56.10 (44.5% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 2.9% below the Semiconductors median (#484 of 1011)

No single metric tells the full story. See the SHSE:605111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wuxi NCE Power Co Business Description

Address Extension of Xinda Road, Singapore Industrial Park, Xinwu District, Jiangsu Province (east side of the road), Wuxi, CHN, 214000
Wuxi NCE Power Co Ltd is engaged in design and sales of MOSFET, IGBT and other semiconductor chips and power devices. The company provides 12V~200V Trench MOSFET (N channel and P channel), 30V~300V Super Trench MOSFET (N channel and P channel), 500V~900V Super Junction MOSFET and 600V~1350V Insulated Gate Bipolar Transistor (IGBT). Its products are widely applied in numerous fields, like automotive electronics, motor driver, household appliances, consumer electronics, LED lighting, security, electric motorcycle, network communication equipment, among others.
84GF Score

Get the complete analysis for SHSE:605111

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥56.10
Price
¥38.83
GF Value